Human Capital Formation and Economic Growth in Nigeria
International Journal of Finance & Banking Studies
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Title |
Human Capital Formation and Economic Growth in Nigeria
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Creator |
Oyedokun, Godwin Emmanuel
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Description |
This study investigates how the development of human capital is related to economic growth in Nigeria from 1980 to 2015. Data were sourced from the Central Bank of Nigeria and the National Bureau of Statistics. The study employed Augmented Dickey-Fuller (ADF) to estimate the relationship among the variables used in this study which revealed that there is a positive long-run relationship among public expenditure on education and health, total school enrolment, gross capital formation, employment rate, life expectancy rate and economic growth. The study recommended that the government should put in place the required education and training policy that would guarantee quality schooling for different level of education. Government should also commit more funds to health sector to enhance human capital formation. It was also recommended there should be more pragmatic means to develop human capabilities.
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Publisher |
SSBFNET
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Date |
2019-02-25
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Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
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Format |
application/pdf
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Identifier |
http://www.ssbfnet.com/ojs/index.php/ijfbs/article/view/37
10.20525/ijfbs.v7i3.37 |
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Source |
International Journal of Finance & Banking Studies (2147-4486); Vol 7 No 3 (2018): July; 44-65
2147-4486 10.20525/ijfbs.v7i3 |
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Language |
eng
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Relation |
http://www.ssbfnet.com/ojs/index.php/ijfbs/article/view/37/186
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Rights |
Copyright (c) 2019 International Journal of Finance & Banking Studies (2147-4486)
http://creativecommons.org/licenses/by-nc/4.0 |
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